Midea Issues The First Green Bond Setting A Record Low Issue Margin For Domestic Chinese Industries
FOSHAN, China, Feb. 18, 2022 /CNW/ — On February 16, 2022, Midea Group Co., Ltd. (“Midea”, stock code: 000333.SZ)completed USD 450 million 5-year unsecured green bonds, issued at T+98 base points, setting a record of the lowest issuance margin for international U.S. dollar bonds with the same rating with similar levels of maturity across the industry. The launch of Midea’s green bonds has drawn widespread attention from investors across the market....